Consumption of fossil fuels has become a major problem for humanity because it creates pollution, economic threats, political instability, and worst of all, global warming. Humanity must free itself of the dependence on fossil fuels, yet concurrently respond to the growing energy needs. The nuclear option is currently not viable because existing technologies do not resolve the problems and are too expensive. Continued investment in research to find new forms of nuclear energy that are safe, cheap, and abundant are important, but to satisfy immediate energy needs in a safe, clean, and economic way, human society must focus on energy saving and energy efficiency as well as renewable energy sources. Renewable sources of energy have grown rapidly in the last 20 years and they represent, in some forms, an immediate economic viable alternative, and in others, a potential future option in the not-too-distant future. How do businesses best respond to a carbon-constrained world? What business models can be adopted in this landscape?
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Pasquale Pistorio, Honorary Chairman STMicroelectronics; Former CEO and President of STMicroelectronics
- Tuesday, 01 March 2011
- 5.15 p.m. - 6.30 p.m.
Seminar Room 3-1
Level 3, Manasseh Meyer
Lee Kuan Yew School of Public Policy
469C Bukit Timah Road